| Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| | Address | Subtype | % Pool | Occ. % | DSCR | Originator |
| 36 |
Club at Desert Pines |
MF |
$25,624,408 |
409 |
75.8 |
6.216000 % |
| 90+ | 3700 East Bonanza Road, Las Vegas NV 89110 | | 0.6% | 91% | 0.70x (9 mths) | Merrill Lynch |
|  |
| The receiver continues to operate the property, while attempting to locate a buyer.
|
| 73 |
Merrywood Apartment Homes |
MF |
$16,800,000 |
228 |
80.0 |
6.250000 % |
| | 22400 Westheimer Parkway, Katy TX 77450 | | 0.4% | 93% | 0.79x (UW) | PNC |
|  |
| Loan assumed 10/09/2008. 2008 annual statement unavailable due to assumptor only possessing property for three months of the year. DSCR issues were with previous borrower and property management. Subject is a 228 unit garden style apartment community located in Katy, TX. The property\''s most recent inspection lists the subject in good overall condition with no deferred maintenance items. Per YE 2008 Reis, in the Houston Bear Creek / Katy submarket, vacancy increased 330 basis points to 10.80%, up from 7.50% YE 2007. Average asking and effective rents were reported to be $855/unit and $791/SF respectively. Subject is slightly below market in occupancy and above market in average monthly rent per unit.
|
| 128 |
Victoria Park Apartments |
MF |
$9,135,000 |
389 |
74.3 |
5.870000 % |
| | 8600 South Course, Houston TX 77099 | | 0.2% | 100% | 0.77x (UW) | Countrywide Commercial |
|  |
| 216 |
Wynwood Apartments |
MF |
$3,567,055 |
120 |
70.6 |
5.720000 % |
| | 1267 A Nelson Street, Richmond VA 23231 | | 0.1% | 84% | 0.70x (6 mths) | Countrywide Commercial |
|  |